Stonegate Park in Hamilton

Name: Sales in Stonegate Park started!
Start: 2020-10-07T07:03:21.978978+00:00
End: 2023-12-31T23:59:59+0000
Location: Stonegate Park

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Project info

Object ID: 9710

Finished at	August 2021
Price, m²	From 2940$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 230.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

676,200$

Net profit

9,376$

Payback period

57.5 years

Avg property value increase per year

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Promos and discounts for Stonegate Park

About the project

Set in the heart of an established family-oriented neighbourhood, Stonegate Park has it all. Summers will see everyone enjoying the outdoor Walker Pool at the local community park steps from home, with a playground and Bocce facility as well. All the everyday conveniences are in the neighbourhood near Upper Wellington Street and Stone Church Rd E. Just moments away are Fortinos grocery, coffee shops, restaurants, drug and fashion stores. The area has excellent schools, parks and recreational centres. Mohawk College is just down the road and Limeridge Mall is just a few blocks away.

Outdoors enthusiasts know there are hundreds of waterfalls, conservation areas and trails to explore nearby, golf courses to play, as well as the many attractions of Lake Ontario such as boating, fishing, sailing and more. Access is easy to Lincoln M. Alexander Pkwy that will whisk you to the QEW to Niagara and Hwy 403 to the GTA and downtown Toronto.